Greating from North of Grand Rapids

[Drew Rees]

Hi everyone,

I'm north of GR, and in Mt Pleasant.

I'm new to investing but already have three properties in Mt. Pleasant. I look to double or triple my holdings in either location. I've been relatively lucky so far considering I jumped in without completely knowing what I'm doing.

Sincerely,

Drew R.

[Drew Rees]

Hi Logan,

To give a bit more background...

Right now I'm trying to stay away from student rentals, though being in Mt Pleasant and Big Rapids that might be hard to do. I'm focusing on multiple family buildings and I own two duplexes and a sexta-plex in Mt. Pleasant for a total of 10 units.

As for expanding, I'm 50 next year and I'd love to be able to retire in the next 5 years.

I signed up for Tax-sale.info to see if I can find any bargains in single family homes etc.

I prefer to buy and hold/rent rather than flip. If I do decide to flip, the focus would be to pay off mortgages to have more money coming in monthly.

I have a single family house that I own in Stanwood which is being rented and that pays the mortgage for my home in Big Rapids. I've been hoping to sell it to the current tenants. If that works then I'll have cash on hand otherwise I'll have to use the equity instead.

My previous buyer's agent and friend I worked with in Mt. Pleasant committed suicide about a year ago and I've been looking for a replacement agent and mentor ever since.